Is Tallahassee, FL a good place to invest in rental property?

Tallahassee, FL has a median modeled monthly cash flow of $-554 and a median cap rate of 4.2%, on a median sold price of $295,000. Prices changed +0.0% year over year.

What is the average cap rate in Tallahassee, FL?

The median cap rate across recently sold homes in Tallahassee, FL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tallahassee, FL?

The median sold price in Tallahassee, FL is $295,000 (about $193 per square foot).

Investing in Tallahassee, FL Real Estate

A data-driven snapshot of the Tallahassee, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$295,000Median sold price

$193Median $/sqft

4.2%Median cap rate

$-554Modeled cash flow / mo

+0.0%Appreciation YoY

6.6Months of supply

1,538Active listings

2,791Sold (last 12 mo)

What the Tallahassee numbers say

In Tallahassee, FL, the median home sold for $295,000 (about $193 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-554 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Tallahassee cash-flowing listings

CashFlowRE ranks every for-sale home in Tallahassee, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Tallahassee deals, or browse the national market data.